Haiti is particularly rich for its agricultural resources, especially its significant contribution to the global supply of vetiver oil.
Haiti's Agricultural Abundance
Haiti's economy is primarily agricultural, leveraging its fertile land to produce a variety of important crops for export. This strong agricultural base forms the backbone of its economic wealth. A key natural resource that Haiti is known for globally is vetiver, a type of grass from which valuable oil is extracted.
| Product | Significance / Use | Global Share (where applicable) |
|---|---|---|
| Vetiver Oil | Essential oil for high-end perfumes | Over half of the world's supply |
| Bananas | Important export crop | |
| Cocoa | Important export crop | |
| Mangoes | Important export crop |
The country's export profile is diversified across these valuable agricultural commodities.
Key Agricultural Exports
Haiti's primary wealth stems from its capacity to produce and export several valuable agricultural products:
- Vetiver Oil: Haiti is a dominant player in the global market for vetiver oil, supplying over half of the world's demand. This essential oil is highly prized in the production of high-end perfumes, making it a significant source of revenue and a key indicator of what Haiti is "rich for."
- Bananas: As an important export crop, bananas contribute to the country's agricultural output and international trade.
- Cocoa: Another vital export crop, cocoa cultivation plays a role in Haiti's agricultural economy.
- Mangoes: The export of mangoes further diversifies Haiti's agricultural richness, adding another valuable crop to its profile.
More information on Haiti's economy can be found here.
